Practice And Creative Study On Investing And Financing Mode Of Road Construction In Jilin

â… .Istructionâ'ˆDiscuss the importance of the investing mode of road construction. The investing mode of road construction is to adopt to the requirements of new economic enviroment and to meet the notional economic system reform's needs. Meanwhile, it can provide the powerful support for continuing to retain the speedy improvement of road construction scoles in JiLin.â'‰The basic concept and theoritical baseRoad is the important infrustrature to guarrante the development of the economic society of the country. It is not only the main baere of stuffs and matericls tunovers the link for the areas to contact each other. The poblic expendure is a kond of expendable activities of currency which regards the government as the main body and the authority of the government as the evidence. It is also the reflection of the choice about the governmental policies and the beneficial method for government to make up for the market's defects. According to mordern economic theory, the users and beneficiaries who benefit a lot from the total public infrustratures. Should pay taxes to construct and operate infrustratures. The shortage of the fund for the road construction is the main reason to result in the development of road charge system. At present, the fund originates from the financing investment of different levels and the transport rules fees(highway fees,odditional fees of the road passenger traffic,freight transpart). To toke advantage of issuing stocks and bounds by establishing the road operated erterprises is another way of financing (bank loans,foreign capital use ,the issue of the road constructions bounds). Transferring the right for the charge of constructed road and making use of"BOT"are another two ways of financing.â'ŠThe content and methods of the study.This article applies the relative theory of the governmental economics to describing the historical evolvement, the methods of constructions, the division of the types and the process of operations. At the same time, the exsited probems of road construction in Jilin have been analysed. The article adopts empiricisms and analogies to expoin the process of practice and crative points of road construction in JiLin.â…¡.The analyses of the practice and problems of road construction in Jilinâ'ˆThe basic situations of JiLin Road construction.a.The present conditons of road construction in JiLin.During The 15th Plan, there have been 73.5billion to be put into the development of the provicial transport in which road construction amounts to 44.3billion.b.The development programs and the calculation of the needing finance of road construction in JiLin.During The First 15th Plan, there have been 155 billion to be put into the development of the provicial transport in which road construction should amount to 100 billion.â'‰The prctice of railway construction investment and financing mode in Jilin Province.a.The historical evolution process of railway construction investment and financing mode in JiLin Province. Tt can be devided into three periods: the planned economy system perios; market dominanting p;anned adjusting period; railway fees system and estate exeacting period.b.The analysis of railway construction investment and financing structure in Jilin Province. The structure can be devided according to whether it is for profit or non-profit.c.The current mode in use. It mainly talks about 4 kinds of investment and financing mode: super highway project which is mainly invested and financed by foreign fundings; transfer of managing right with payment ; securities market and railway BOT investment and financing mode.â'ŠThe exsiting probems of railway construction investment and financing mode in JiLin Province.a.The common problem that exists in the whole country. The government does not play his part in it , the high risk of financing and shortage of experts in investment and financing lead to the consequence that the railway construction investment and fianacing mode is lack of innovation.b.The particular problems existing in railway construction investmennt and financing mode in JiLin Province. The problems are as follows: compares with developed areas, the financal risk in JiLin Province is more serious; it dose not fully make use of market as its target; it does not concern about the railway construction investment and financing mode in rural areas; financing channel is limited owing to the undeveloped economy and financing environment.â…¢.Mode in western developed countries that we can use for referenceâ'ˆRailway construction investment and financing mode in the western developed countries.a.Survey of railway construction investment and financing mode in the western developed countried.â‘ Central Finance System. The mode that based on central finance budget.â‘¡Special Funding System.Some taxes will be levied from railway uses, which displays the pairness principal.â‘¢Projects as financing body. Some railway projects are as the insurance, investment and financing can be baken according to its value.b.Representative mode in western countriesâ‘ French mode. It sets up special fundings for railway investment, money levied form oil taxation is the sources for railway constructionâ‘¡Canadian mode. It is based on the nation budgetâ‘¢Finance Mode of American Highway Construction. The Traffic Department of American Federal Government and the State government have clear dividion of labor.â‘£Finance Mode of German Highway Construction. Generally, every state government carry out the way of entrusting contract.â'‰The enlightenment of Finance Mode of Chinese Highway Construction.a.Borrow experience from overseas Finance Mode and make a national uniformed criterial in every aspect of the operation of Finance Mode of Highway Construction.b.Perfect Laws and rules and collect highway-construction foundings by law.â…£.The consideration for the cration of JiLin Provincial Finance Mode of Highway Construction.â'ˆBuild Finance Mode mainly invested by governmental financial foundingsFour chief modes:Try to build Finance Mode of Highway-construction;special foundings and Finance Mode of Highway-construction invested by the foundings of Social Security; make the assets of highway savings flexible, carry out Finance Mode of Highway-construction bondized.â'‰Stablize Finance Mode of financial institutes.Make use of Finance Mode of National Developmental Project-Loans actively; Adopt Finance Mode of Highway-construction Bank(loan together and return together).â'ŠAdopt flexibe and diversified Finance Mode of Highway-construction.Issue bonds of local highway-construction to finance, build Finance Mode of Special permit for highway construction apply the manner of trust, have a try to adopt nongovernmental capital by the way of personal entrusting contract and make transmitment for power of management standardize and contineu to develop its finanicial potentiality.â…¤.Concluding RemarksFacing the grand construction-goal made in the Elventh Five-Year Plan(2006-2010), it's necessary for Jilin Provincal highway construction to furtherly develop minds of finance. For example, establish highway-construction founding, issue bonds of local highway-construction for investment, the investment of Special permit for highway construction, capital bondize for investment. And in the end, we can chieve the goal of stabing the source of Jilin Provincal highway construction-founding, reducing financing cost, optimizing the foundingstructure and take a precaution of founding risk.